Actuarial jobs in South Africa

We’re currently looking for a Life or Non-Life Actuarial Assistant Manager to join our Actuarial practice. Our team consists of more than 100 actuarial professionals across 5 locations in Africa – Johannesburg, Cape Town, Mauritius, Nairobi and Lagos.

Our actuarial consulting team offers a great opportunity to gain exposure across various technical actuarial areas and a range of insurers in the South African and international market. This accelerates your learning curve, challenges your thinking and gives you the opportunity to gain depth in terms of the application of your technical actuarial skills.

We value teaming, proactivity as well as diversity and inclusion in our team. Our team thrives because of the growth mindset environment and collaborative team culture. You would get the opportunity to work with some of the most knowledgeable actuarial professionals in the industry and colleagues that are not only brilliant but also committed, dynamic and creative. Through the combination of actuarial audit and consulting experience, our team members gain exceptional technical knowledge, which enables them to perform remarkably well in their actuarial exams, in order to become qualified actuaries.

Your key responsibilities:

1. Supporting on/managing actuarial audits on IFRS17 and Solvency Assessment and Management for life or non-life insurers.
2. Supporting the Head of Actuarial Function and potentially managing HAF engagements for life or non-life insurers and reinsurers.
3. Managing/supporting on engagements covering ERM frameworks, ORSA, Risk Appetite or other risk topics.
4. Managing/supporting on value-adding projects covering IFRS17 implementation and other topics related to trends in the actuarial field.
5. Further developing our team by coaching and mentoring junior colleagues.
6. Continually learning and sharing your knowledge with the wider actuarial team.

Most of your work will be project-based for a once-off set period or on a recurring basis, which enables you to work with different team members and subject matter experts, gaining invaluable experience and technical knowledge.

Skills and attributes for success:

1. At least 3 years’ experience in the Life or Non-Life Insurance industry.
2. Preferably a maximum of 2 actuarial exams outstanding.
3. Experience in financial reporting (SAM/Solvency II, IFRS, EV) preferential.
4. Team player and proactive, self-starter.
5. Curious mindset and keenness to learn.
6. Critical thinker and solution-orientated approach.

About EY:

Our values define who we are:

• People who demonstrate integrity, respect, teaming and inclusiveness.
• People with energy, enthusiasm and the courage to lead.
• People who build relationships based on doing the right thing.

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

Better Me. Better Us. Better Working World.